Iron Castings Market in Steel Industry | 40.28 million MT growth anticipated during 2020-2024 | Technavio

6 August 2021

Set to grow by 40.28 million MT during 2020-2024, Technavio's latest market research report estimates the iron castings market to register a CAGR of over 6%. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

The growth in the automobile segment will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The iron castings market is concentrated, and the degree of concentration will accelerate during the forecast period.

Iron Castings Market 2020-2024: Segmentation

Iron Castings Market is segmented as below:

Product
Gray Iron
Ductile Iron
Malleable Iron
End-user
Automobile
Industrial Machinery
Infrastructure And Construction Machines
Power
Others
Geography
APAC
North America
Europe
South America
MEA
Buy our market report now to gain access to detailed analysis on the iron castings market: https://www.technavio.com/talk-to-us?report=IRTNTR41637

Iron Castings Market 2020-2024: Vendor Analysis and Scope

Some of the major vendors of the iron castings market in the steel industry include American Axle & Manufacturing Inc., Arconic Inc., Brakes India Pvt. Ltd., chamberlin Plc, Dandong Fuding Engineering Machinery Co. Ltd., Grupo Industrial Saltillo SAB de CV, Hitachi Metals Ltd., OSCO Industries Inc., Qingdao Tian Hua Yi He Foundry Factory, and Sumitomo Electric Industries Ltd. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market.

The report also covers the following areas:

Iron Castings Market size
Iron Castings Market trends
Iron Castings Market industry analysis
The iron castings market is concentrated, and the degree of concentration will accelerate. The modernization of the foundry industry will offer immense growth opportunities. However, the increasing competition from aluminum will hamper the market growth.

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Backed with competitive intelligence and benchmarking, our research report on the iron castings market is designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.

Related Reports on Materials Include:
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Iron Castings Market 2020-2024: Key Highlights

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist iron castings market growth during the next five years
Estimation of the iron castings market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the iron castings market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of iron castings market vendors

Table of Contents:

Executive Summary

Market Overview

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by Product

Market segments
Comparison by Product
Gray iron - Market size and forecast 2019-2024
Ductile iron - Market size and forecast 2019-2024
Malleable iron - Market size and forecast 2019-2024
Market opportunity by Product

Market Segmentation by End-user

Market segments
Comparison by End-user
Automobile - Market size and forecast 2019-2024
Industrial machinery - Market size and forecast 2019-2024
Infrastructure and construction machines - Market size and forecast 2019-2024
Power - Market size and forecast 2019-2024
Others - Market size and forecast 2019-2024
Market opportunity by End-user
Customer landscape

Overview

Geographic Landscape

Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries

Market opportunity by geography

Drivers, Challenges, and Trends

Market drivers
Volume driver - Demand led growth
Volume driver - Supply led growth
Volume driver - External factors
Volume driver - Demand shift in adjacent markets
Price driver - Inflation
Price driver - Shift from lower to higher priced units

Market challenges

Market trends

Vendor Landscape

Overview
Landscape disruption

Vendor Analysis

Vendors covered
Market positioning of vendors
American Axle & Manufacturing Inc.
Arconic Inc.
Brakes India Pvt. Ltd.
chamberlin Plc
Dandong Fuding Engineering Machinery Co. Ltd.
Grupo Industrial Saltillo SAB de CV
Hitachi Metals Ltd.
OSCO Industries Inc.
Qingdao Tian Hua Yi He Foundry Factory
Sumitomo Electric Industries Ltd.

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

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Report: www.technavio.com/report/iron-castings-market-industry-analysis

 

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